Job title: Sourcing Category Manager – Software
Role type: Permanent or Contract*
Corporate Title: Vice President
Department: Group Sourcing, Group CIO
Location: London, UK (Hybrid)
*This role can be considered on either a permanent basis or as a 12-month contract, based on headcounts available.
Company overviewNomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com
Department overviewNomura is currently in the process of establishing a new Group Sourcing function to operate across Nomura Group companies, regions and functions to deliver an ongoing contribution to cost efficiency and commercial/contract risk mitigation associated with vendor engagements, and drive efficiencies through spend category commercial support, vendor/contract consolidation and Group-wide economies of scale.
Role responsibilitiesSupporting the Global Sourcing Category Lead – Software in developing the overall spend category strategy in partnership with key stakeholders and managing the effective delivery of that strategyManaging and/or providing oversight to category-wide efficiency and governance initiativesEffective management and delivery of new deals and renewals, including:Influencing the adoption of appropriate sourcing strategies and activitiesLeading RFPs and renewals, including complex and high-profile commercial/contractual negotiationsSignificant interaction with senior internal clients and senior representatives from external vendorsCreating and presenting impactful deal summaries/recommendationsWorking as part of cross-functional and cross-regional teamsProviding a commercial advisory service to key stakeholdersMeeting or exceeding a range of financial and non-financial performance targetsAbility to build and maintain collaborative working relationships with stakeholdersBuild strong supplier relationships and supplier management programmes; driving initiatives with suppliers in co-ordination with the business and corporate functionsSupporting the ongoing development of Nomura\’s Group Sourcing functionWhere applicable, supporting the execution of Business Continuity plans and pro-active operational risk management
Skills, experience, qualifications and knowledge requiredDegree level qualification or equivalentCIPS or other professional Sourcing/Procurement qualification desirableSeveral years of experience of sourcing the relevant spend categories in a blue-chip environment, with a proven track record of successfully leading commercial and contract activities, including:Supporting in the development and maintenance of strategic Category-wide plans and initiatives in conjunction with stakeholdersPortfolio opportunity analysis and subsequent benefit deliveryEffectively influencing the sourcing strategy for individual projectsLeading internal/market analysis, competitive bidding and negotiation activities for regional and global agreements, with a range of value and complexityRe-negotiation and value extraction from embedded legacy / incumbent suppliersKnowledge of the pricing and contracting mechanisms for global enterprise level suppliersExcellent understanding of commercial levers and legal terms and conditions relating to Software contractsKnowledge of supply market, supplier capabilities, and expected trends at a geographic and global levelExperience of negotiating enterprise software licensing agreements with the likes of Microsoft, Oracle, Salesforce or similarUnderstanding of software license metrics and principles of software asset managementExperience in a Banking environment may be an advantage, but is not essentialStaff management experience essential and cross-regional team experience an advantageAbility to motivate, organise and develop team membersStrong and experienced commercial and contract negotiatorIs highly credible, an effective communicator (written and verbal) and is able to influence senior external vendors and senior internal clientsSelf-starter who can work with minimal supervision and manage a large volume of projectsCan contribute effectively to and/or co-ordinate cross-functional teamsCan drive projects to a conclusion while maintaining a high quality of task delivery
Right to WorkThe UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers from outside the EEA coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the EEA (who require a Tier 2 (General) visa) we can only employ them if we can provide evidence that there are no other suitable candidates for this vacancy from inside the EEA.
Please contact us if you are visiting our offices and require any form of personal assistance or physical adaptations to be provided for your appointment. A member of staff will be happy to help.
Diversity StatementNomura is committed to an employment policy of equal opportunities and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender or sexual orientation. If you require any assistance or reasonable adjustments due to a disability or long-term health condition, please do not hesitate to contact us.
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Contact Detail:
Nomura Recruiting Team
How to prepare for a job interview at Nomura
✨Know Your Stuff
Make sure you brush up on your knowledge of software sourcing and procurement. Understand the key players in the market, like Microsoft and Oracle, and be ready to discuss their licensing agreements. This will show that you're not just familiar with the role but also passionate about it.
✨Prepare for Negotiation Scenarios
Since this role involves complex negotiations, think of examples from your past experiences where you've successfully negotiated contracts or influenced sourcing strategies. Be ready to share these stories and highlight your skills in a way that aligns with what Nomura is looking for.
✨Build Relationships
Demonstrate your ability to build and maintain collaborative relationships. Think of ways you've worked with stakeholders in the past and how you can apply that to the role at Nomura. Showing that you can connect with both internal teams and external vendors will set you apart.
✨Ask Insightful Questions
Prepare some thoughtful questions about Nomura's Group Sourcing function and its future direction. This shows that you're genuinely interested in the company and the role, and it gives you a chance to assess if it's the right fit for you too.